Owen E1 e-book Reader coming soon?

Owen E1 e-book Reader

After marking its presence in the Chinese PMP market, Owen it appears is all set to take the e-book terrain by a storm. Apparently, the company is gearing up to launch its new ‘ONN’ branded E1 e-book reader soon.

Sporting a 5-inch E-Ink display that boasts of 20 lines per page at 30 characters per line, the reader could actually be a much smaller alternative to the Kindle, reports PMPToday. Besides, its form factor also claims it to be more portable at dimensions of 170 x 120x 11.5mm.

In addition to being an E-Ink reader, this new device is also believed to support MP3, WMA and OGG files. Image files should also be compatible to this innovative gadget. Whether it will support colors is still unclear.

As of now, the pricing and availability details of the reader are blur. We also wonder if it’s a China-only release. Well, we guess time will tell.